Affirm's CEO Predicts Bright Future Beating Rivals Like Klarna as Revenue Soars
Portfolio Pulse from Anusuya Lahiri
Affirm Holdings, Inc (NASDAQ:AFRM) has reported strong financial results, with a 47.8% increase in fourth-quarter revenue and a narrowed net loss. The company expects profitability by fiscal Q4 2025. Affirm's stock has risen 108% over the past year and is currently trading above its 200-day moving average, indicating a bullish trend.
August 30, 2024 | 2:39 pm
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Affirm Holdings reported a 47.8% increase in Q4 revenue, beating analyst expectations, and narrowed its net loss. The stock is up 6.55% and trading above its 200-day moving average, indicating a bullish trend.
Affirm's strong Q4 results and revenue growth exceeding analyst expectations have positively impacted its stock price, which is up 6.55%. The stock trading above its 200-day moving average suggests a bullish trend, further supported by the company's narrowed net loss and positive future outlook.
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